Featured Investment
Details
- Size: 376,000 sq. ft.
- Location: Uptown| Dallas
Parkside Tower
Champion acquired the 3500 Maple Avenue office project via foreclosure auction sale on the steps of the Dallas County Courthouse. With its prominent 18-story presence within the Uptown & Turtle Creek office submarket of Dallas, 3500 Maple is a 376,000 square foot, high-quality building that had fallen into distress due to an ownership structure that had limited ability to invest needed capital into the property. Champion completed a significant multi-million-dollar renovation, re-development, and re-tenanting of the building, bringing it back to Class “A” status under the new brand name of “Parkside Tower”. Having achieved an 85% occupancy level after less than 2 years of ownership, Champion successfully sold the building to an institutional real estate investor.
- Date
- January 10, 2023
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